Will the Jerusalem decision by who else, Trump, will effect negatively to Asia's market , especially our market on Monday and the days ahead. A number of doomsayers have predicted a historical significant bad days ahead like 1948, 1967, 1973...
The e-commerce market denotes the consumption of products and services sold through the Internet, and is measured by the online retail sales value of these products and services through online commerce and mobile commerce. The e-commerce market in Malaysia grew from RM1.7 billion in 2010 to an estimated RM17.5 billion in 2016 at a CAGR of 47.5%, based on online retail sales value. Much of this growth is attributed to the country’s high mobile and broadband penetration.
Smith Zander forecasts the e-commerce market in Malaysia to grow from RM25.4 billion in 2017 to reach RM53.5 billion in 2019, translating to a CAGR of 45.1%.
The e-commerce market in Malaysia has evolved as a result of rising ownership of mobile devices which have led to an increase in mobile e-commerce transactions, whereby consumers use their mobile devices to purchase goods and services. Previously, mobile devices were mostly used for performing research prior to purchasing a product or service, such as checking prices, opening hours, reviews and obtaining discount coupons. However, mobile devices are now gaining popularity as a way of placing orders and performing payments.
The proliferation of mobile devices such as smartphones and tablets will drive demand for e-commerce, consequently leading to a growing need for e-payment and e-wallet services and online media advertising. In Malaysia, consumers are generally comfortable with purchasing goods and services through their mobile devices, as shown by an increase in percentage of smartphone owners in Malaysia who made purchases on their devices.
Many companies have also created mobile applications to buy things such as apparel, movie tickets and flight tickets. As the population becomes more receptive towards online and mobile shopping, it is expected that more consumers will adopt the concept of e-wallets.
Read their "Proposed Business Expansion". I think people buy this stock due to the company venturing into growing e-commerce business and the MD is very experience in the industry.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DaitoRyu
1,459 posts
Posted by DaitoRyu > 2017-12-08 16:44 | Report Abuse
Well done fsker hahaha